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Housing on Property Rises 3.6 Times Higher than Wages

Housing has become the main black hole in wages in the Spanish state. A report presented by the Economic Cabinet of CCOO reveals that home ownership has risen 3.6 times more than wages in the last 13 years.

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Lean Left

A CC OO report highlights the effect of local prices on business activity and estimates that a 30% drop in the price of flats could create up to 411,000 jobs

·Madrid, Spain
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CCOO claims that, between the second quarter of 2013 and the same period in 2026, the price of housing rose by 108%, while the average salary grew by 30%, meaning that housing has increased 3.6 times more than salaries. In a statement, it warned that real estate “rentism” has […] The entry Housing rises 3.6 times more than salaries, according to CCOO appeared first on La Mañana.

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Housing has become the main black hole in wages in the Spanish state. A report presented by the Economic Cabinet of CCOO reveals that home ownership has risen 3.6 times more than wages in the last 13 years.

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The Economic Cabinet of CCOO presented this Friday the report ‘The cost of rent for wages and the productive economy’, in which it alerts [...]

·Madrid, Spain
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The Economic Cabinet of CCOO presented this Friday the report ‘The cost of rent for wages and the productive economy’, in which it warns that the housing gap neutralizes wage improvements, harms SMEs and self-employed people and slows down consumption and job creation. The study reveals that, among the [...] The entry CCOO denounces that the price of housing has grown 3.6 times faster than wages since 2013 appears first in Forbes Spain.

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Forbes España broke the news on Friday, October 23, 2026.
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